26 Sever StWorcester, MA 01609

Property Details for 26 Sever St

Lot size

0.23 AC

Property size (Sq ft)

4,242 SF

Property type

Apartment buildings

Description

This exceptional investment opportunity presents a three-story, five-unit apartment building situated on a 0.23-acre lot in Worcester, Massachusetts. The property, located at 26 Sever Street, boasts a total of 4,242 square feet and is zoned RL-7. The building comprises five apartments, offering a mix of one- and two-bedroom units. Rental income is currently estimated at $7,400 per month, with all units including heat and hot water. Individual unit details vary, with some units featuring 1-2 bedrooms and 1 bathroom. The property benefits from its excellent location near Worcester Polytechnic Institute (WPI), other colleges, and convenient access to major roadways (Routes 9, 190, and 290), Elm Park, downtown Worcester, and the airport. The property also features a large backyard. The asking price is $705,000, translating to $166.20 per square foot. This presents a strong value proposition for investors seeking a well-located multifamily property with significant rental potential in a high-demand area. The property's strong rental history and convenient location make it an attractive investment opportunity. The APN is M:02 B:046 L:00058. This information is for informational purposes only and should be independently verified.

Location Insight

City

Worcester

County

Worcester

State

Massachusetts

Latitude

42.2663

Longitude

-71.8115

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